Joseph Kwok to step down as Chief Risk Officer of WeLab Bank

2 Aug 2022

WeLab Bank announced that Joseph Kwok will step down as Chief Risk Officer with effect on 3 August 2022 due to personal reasons.We thank Joseph for his tremendous contribution to building and providing oversight of the Bank’s risk management function. An announcement regarding his successor will be made in due course.---- END ----About WeLab BankWelab Bank Limited (“WeLab Bank” or the “Bank”), is a virtual bank licensed by the Hong Kong Monetary Authority (“HKMA”). Founded by a team of financial and technology experts, WeLab Bank’s mission is to understand customers’ needs and design a personalized, intelligent banking experience that helps them manage, save and grow their money. WeLab Bank represents a 100% digital banking experience that is simple, intuitive, and built around our customers. WeLab Bank focuses on the powerful mobile app and the numberless Debit Card, both designed with an obsession with customers’ experience and data security.WeLab Bank is a wholly owned subsidiary of WeLab Holdings Limited (“WeLab”), a leading pan-Asian fintech platform. WeLab provides a wide range of digital financial services with leading positions in Hong Kong, Mainland China, and Indonesia, with more than 50 million individual users and over 700 enterprise customers.WeLab is backed by the most renowned investors including Allianz, International Finance Corporation (a member of the World Bank Group), Malaysian sovereign wealth fund Khazanah Nasional Berhad, CK Hutchison’s TOM Group, and Sequoia Capital.To learn more, please visit www.welab.bank and www.welab.co. Follow WeLab Bank on Instagram: welab.bank.For media enquiry:WeLab Bank Communications Team
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